Author Archives: Paul Ausick

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Boeing’s South Carolina Workers File Again for Union Vote

The International Association of Machinists & Aerospace Workers (IAM) filed a petition Monday morning with the U.S. National Labor Relations Board (NLRB) to hold an election at Boeing Co.’s (NYSE: ...
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Online Password

Data Breaches Rise 40% in 2016, 37 Million Records Exposed

A record 1,093 data breaches were reported in 2016, a jump of 40% compared with the 2015 total of 780 breaches. A total of 36.6 million records were exposed last ...
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5 Worst Performing Dow Stocks of 2017

Even though the new year is barely three weeks old, it's not too soon to take a look at how the 30 blue chip stocks included in the Dow Jones Industrial ...
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mortgage application

Q4 Mortgage Fraud Risk Up 13%; Risk Greatest in Florida

The national mortgage application fraud risk index rose from 108 in the third quarter of 2016 to 122 in the fourth quarter, according to researchers at CoreLogic, a sequential increase ...
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Silhouette of an oil worker using machinery at sunset

Schlumberger Q4 Earnings Flat, Revenues Slide, Hope Abounds

[jwplatformJ5ro9OuT]Schlumberger Ltd. (NYSE: SLB) reported fourth-quarter and full-year 2016 results before markets opened on Friday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $0.27 ...
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General Electric logo

Why General Electric Posted Disappointing Q4 Earnings, Revenues

General Electric Co. (NYSE: GE) reported fourth-quarter and full-year 2016 results before markets opened Friday morning. For the quarter, the conglomerate reported diluted net earnings per share (EPS) of $0.39 ...
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American Express logo

American Express Earnings Not as Good as Guidance

American Express Co. (NYSE: AXP) reported fourth-quarter and full-year 2016 results after markets closed Thursday. The midstream giant posted earnings per share (EPS) of $0.88 per share on revenues of $8.02 ...
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market crash

Exxon Mobil, Merck Weigh on DJIA Thursday

January 19, 2017: Markets opened slightly higher Thursday as investors appear to be waiting to what President-elect Donald Trump has to say in his inauguration speech on Friday. Only the industrials ...
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Stock Price

Target, DryShips Tumble into Thursday’s 52-Week Low Club

January 19, 2017: Here are four stocks trading with relatively heavy volume among 56 equities making new 52-week lows in Thursday's session. On the NYSE, decliners led advancers by about ...
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passenger cabin

Spirit, Frontier Airlines Frequent Flyer Programs Judged Worst in US

Airline frequent flyer programs were among, if not, the first loyalty programs offered by U.S. companies. The original idea was to reward customers for booking flights with the airline. And the ...
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Oil Barrels

Crude Oil Price Staggers After Larger-Than-Expected Increase in Inventories

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, one day later than usual due to the Martin Luther King Jr. holiday. U.S. commercial crude ...
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Natural Gas Price Dips on Larger-Than-Expected Inventory Decline

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 243 billion cubic feet for the week ending January 13. Analysts were expecting a ...
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Pipeline - natural gas

Why Credit Suisse Remains So Positive on Kinder Morgan

When midstream energy giant Kinder Morgan Inc. (NYSE: KMI) reported fourth-quarter and full-year results after markets closed Wednesday, investors sliced nearly 3% off the share price. The company posted a ...
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carpenters

December Housing Starts Jumped 11%

The U.S. Census Bureau and the Department of Housing and Urban Development reported Thursday morning that new housing starts in December jumped to a seasonally adjusted annual rate of 1.226 million. ...
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airplane seats

France’s Safran to Pay $9 Billion for Aircraft Seat Maker Zodiac

A deal that would create the world's third-largest supplier to the aerospace industry was announced Thursday morning. France's Safran said it has agreed to acquire cabin-interior maker Zodiac Aerospace for ...
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